240: Growing Through Retail Marketplaces

Marketplaces have been a key trend for retailers and brands to tackle a number of business challenges. Join Oliver Banks and delve into the dynamic realm of retail marketplaces. Demystify the key mechanics and their potential for transforming your business, whilst being aware of the challenges you might face along the way. Whether you’re considering opening your own marketplace or looking to selling on other marketplaces, this episode is designed to guide you. Explore the complexities, identify the key benefits and consider future trends in the marketplace landscape. Tune in and discover how marketplaces could be a game-changer for your retail strategy.

Listen to this episode to hear:

• Decipher the strategic potential of different marketplace models.
• Learn about the complexities and challenges essential for operating a successful marketplace.
• Gain foresight on the future trajectory of retail marketplaces and platform models.

Reach out to Oliver Banks

Explore how our Accelerator and Navigator services can help unlock and deliver the value in your retail transformation initiatives.

Email oliver.banks@obandco.uk or message Oliver Banks on LinkedIn.

Further podcast episodes to listen to next

Following on from this episode, discover more episodes to listen to next. Starting with the problem was a key point in the discussion with Brandon Rael in episode 239: Laying The Foundations To Transform. Brandon and Oliver discuss how to prepare the organisation before a transformation, with a key message of understanding the why of the transformation.

Retail media networks have also been a huge trend. Retail influencer, Ricardo Belmar, joined in episode 214: The Evolution Of Retail Ad And Media Networks. In discussion with Oliver, discover the opportunities and challenges with expanding into the highly profitable advertising space.

One of the main watchouts for marketplaces is a clear and coherent curation and merchandising approach. Merchandising expert, Liza Amlani joined for episode 225: Transforming Ranging And Curation so you can learn how you can factor in best practice.

And finally, in episode 236: Today’s Decisions Create Our Future Regrets, Oliver explores how you can be more considered so that you don’t make a poor decision which will create future pain.